Bet365 Boss Denise Coates Sees Pay Jump To ₤ 221m. Bet365 boss Denise Coates sees pay dive to ₤ 221m ByLora Jones Business reporter, BBC News The one in charge of Bet365 was paid around ₤ 221m during its last fiscal year, despite the gaming giant reporting a significant loss. Denise Coates's income was ₤ 7m greater than the previous year, according to Bet365's most current represent the year to March 2023, external. As creator and joint president of the online betting company, Ms Coates will also have received a minimum of ₤ 50m worth of dividends. Bet365 declined to comment. Ms Coates's pay bump indicates that her overall salary over the past 4 years gone beyond ₤ 1bn. Campaign groups such as the High Pay Centre explained the pay plan as "neither fair nor proportionate". "Ultimately, Britain's prosperity depends on how the wealth our economy generates is shared," stated Luke Hildyard, executive director of the High Pay Centre which concentrates on pay and accountable company. "Pouring numerous millions of pounds more on top of billionaire fortunes every year isn't an excellent way to increase living requirements and it over-values the contribution that the super-rich have made." Bet365 also paid an overall ₤ 100m in dividends for the last fiscal year - a portion of which would have gone to Ms Coates who owns about 57% of the company. Listen: Good Bad Billionaire - Denise Coates Doctors prompted to ask patients about betting Ms Coates founded the Bet365 website in a portable structure in a Stoke-on-Trent parking area more than twenty years ago. It is now the greatest economic sector company in the city. After training as an accountant, Ms Coates helped construct the group into among the greatest online gambling business from her father's bookmaking service. Her bro is a co-chief executive.
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